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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $206 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,816 | $46,732-38.3% | $156,551-81.6% | $55,167-47.8% |
| Participation rate | 63.9% | 65.8%-1.9pp | 84.0%-20.1pp | 69.0%-5.1pp |
| Annual return | 19.77% | 17.72%+2.1pp | 32.23%-12.5pp | 169.23%-149.5pp |
| Employer contribution / active EE | $887 | $2,105-57.9% | $5,501-83.9% | $1,963-54.8% |
| Participant deferral / active EE | $1,857 | $2,204-15.7% | $4,871-61.9% | $3,054-39.2% |
| Admin fee / account holder | $15 | $418-96.4% | $13,028-99.9% | $504-97.0% |